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food and drink sector
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Japan food tax cut plan draws political and market pushback
13 clusters · 59 sources · last updated
Latest: Japan Prime Minister Takashi announces two-year 1% food tax cut
The consumption‑tax reduction on food and beverages, first reaffirmed by Prime Minister Sanae Takahashi on 31 July, was formally announced by Prime Minister Takashi on 2 August 2026. The government will cut the rate from